Volt Information Sciences, Inc. provides staffing services (traditional time and materials based, as well as project based), managed service programs (MSPs), technology outsourcing services and information technology infrastructure services worldwide. The company’s staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and MSPs supporting primarily professional administration, technical, information technology, light-industrial and engineering positions. Its MSPs consist of managing the procurement and on-boarding of contingent workers from multiple providers. The company’s technology outsourcing services provide pre and post production development, testing, and customer support to companies in the mobile, gaming, and technology devices industries. In addition, the company provides information technology infrastructure services, which provide server, storage, network and desktop IT hardware maintenance, data center and network monitoring and operations. The company’s complementary businesses offer customized talent, technology and consulting solutions to a client base. Volt services global industries, including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation, and utilities. Geographic Regions and Segments The company’s principal non-U.S. markets include Canada, Europe and various the Asia Pacific locations. The company operates in two segments, Staffing Services and Other. Staffing Services This segment provides workforce management expertise, including technology outsourcing services and solutions. The company’s staffing services are provided through locations in North America, Europe and various the Asia Pacific locations. The company delivers a spectrum of contingent staffing, direct placement, staffing contracting and management, and other employment services. Its contingent workers are placed on assignment with its customers in a range of occupations, including accounting, finance, administrative, engineering, information technology, manufacturing, assembly, warehousing and industrial. The company’s contingent staffing services are provided for varying periods of time to companies and other organizations (including government agencies) ranging from smaller retail accounts that may require 10 or fewer contingent workers at a time to enterprise accounts. Within its Staffing Services segment the company refers to customers that require multi-location, coordinated account management and service delivery in multiple skill sets as enterprise customers, while its retail customers are primarily in a single location with sales and delivery handled primarily from a geographically local team and with few headcount on assignment in one or two skill sets. The company provides traditional staffing services for which it is paid on a time and materials basis and provides contingent staff that works under the supervision of its customers. The company also provides project-based staffing services, for which it is sometimes paid on a basis other than time and materials. The company’s contingent staffing services enable customers to scale their workforce to meet changing business conditions, complete a specific project, secure the services of a specialist on an as-needed basis, substitute for regular employees during vacation or other temporary absences, staff high turnover positions, or meet seasonal peaks in workforce needs. When requested, the company also provides Volt personnel at the customer’s location to coordinate and manage contingent workers. Contingent staff is recruited through proprietary Internet recruiting sites, independent Web-based job search companies, and social networking talent communities through which the company builds and maintains proprietary databases of candidates from which it can fill customer needs. The company also provides recruitment and direct placement services of specialists in the information technology, engineering, technical, accoun
volt info sciences inc
(VISI:Consolidated issues listed on NYSE MKT LLC)
1133 Avenue of the Americas
New York, NY 10036
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